June 5th, 2019 | by Joshua S Hill
American brewing giant Anheuser-Busch announced Tuesday that it had signed a Power Purchase Agreement for the electricity generated by a 310 megawatt (MW) solar farm to be built in West Texas which will be completed by 2021, at which point Anheuser-Busch will be purchasing 100% of its electricity from renewable energy sources.
June 4th, 2019 | by Joshua S Hill
Canadian Solar, one of the world's largest solar manufacturers, published its first quarter earnings results last week, revealing a narrower-than-expected net loss and increased guidance for the second quarter, resulting in strong moves on the stock market.
April 26th, 2019 | by Joshua S Hill
Canadian Solar, one of the world's leading solar manufacturers, announced Wednesday that it plans to sell a 80% stake in a 482.6 MW portfolio of contracted solar projects in Brazil to Nebras Power Investment Management, the Dutch affiliate of Qatar-based Nebras Power
March 25th, 2019 | by Joshua S Hill
Canadian Solar, one of the world's leading solar manufacturers, saw its shares plunge 20% last week after the company announced that it expects its net profit for 2019 to be lower than in 2018, despite better than expected fourth-quarter earnings and yearly shipments in line with guidance and past performance.
January 18th, 2019 | by Jake Richardson
Vermont’s largest solar canopy, Encore Renewable Energy’s 156kWp solar carport in Burlington, Vermont, has begun producing electricity at the ECHO Leahy Center for Lake Champlain
January 18th, 2019 | by Joshua S Hill
A slew of announcements have essentially given the go-ahead for the 275 megawatt Darlington Point Solar Farm in Australia's New South Wales with financial close, building contract, solar supply contract, and Power Purchase Agreement all being announced within days of one another.
December 24th, 2018 | by Charles W. Thurston
Collins Electrical, a leading solar contractor in California, has forged a strategic partnership with Mechatron Solar, and has installed a demonstration model of the M18KD next to its corporate headquarters in Stockton. The contractor/developer will recommend the Mechatron tracker for commercial and industrial solar projects because of its high energy yield and low levelized (total lifetime) cost of energy, says Gene Gini, CEO of Collins
November 16th, 2018 | by Joshua S Hill
Canadian Solar, one of the world's largest solar power companies, announced its third-quarter financial results on Thursday, revealing middling performance which saw the company beat earnings expectations but miss its guidance on revenue, forcing it to lower its full-year 2018 revenue guidance for the second time this year
November 6th, 2018 | by Joshua S Hill
Bucking a trend sweeping the globe's solar manufacturers --- a trend it had flirted with --- Canadian Solar has rejected an offer from its Chairman, President, and Chief Executive Officer, Dr Shawn (Xiaohua) Qu to take the company private
August 16th, 2018 | by Joshua S Hill
Canadian Solar published its second-quarter earnings report this week and it was a mixture of good news and bad news for the world-leading solar power company, which reported guidance-beating shipments but guidance-missing revenue, resulting in downgraded company guidance for the full year, citing global challenges in the solar market.
August 8th, 2018 | by Joshua S Hill
Following in the footprints of several of its biggest competitors, Korean solar PV manufacturer Hanwha Q CELLS announced last week that it will look to de-list from NASDAQ after receiving a "going private" proposal
May 22nd, 2018 | by Joshua S Hill
Canadian Solar, one of the world's leading solar power companies, announced its first-quarter earnings last week, beating its own guidance for shipments and revenue, but provided significantly weaker guidance for its second-quarter revenue.
May 7th, 2018 | by Joshua S Hill
Chinese solar PV manufacturing giant JinkoSolar has been confirmed as the world's leading solar PV module supplier according to new figures released by leading data and analytics firm GlobalData, accounting for nearly 10% of the global market share and shipping 9.70 gigawatts (GW) of PV in 2017.
March 21st, 2018 | by Joshua S Hill
Canadian Solar, one of the world's leading solar power companies, announced this week that it shipped a record high 6,828 megawatts worth of solar products in 2017 in its guidance-beating Fourth Quarter and Full Year 2017 financial report.
March 14th, 2018 | by Joshua S Hill
One of the world's largest solar companies, Canadian Solar, announced this week that it had completed the sale of a portfolio of Californian solar projects worth 235 megawatts (MW) to Korea's largest electric utility Korea Electric Power Corporation.
February 13th, 2018 | by Joshua S Hill
Three Canadian solar manufacturers -- Silfab Solar, Heliene, and Canadian Solar -- have filed a lawsuit with the US Court of International Trade in New York against Donald Trump's imposition of 30% tariffs on all imported solar cells and modules, citing "immediate, severe, and irreversible injuries" for the Canadian solar industry
December 12th, 2017 | by Joshua S Hill
Canadian Solar, one of the world's largest solar power manufacturers, has this week revealed that it is joining the ranks of solar module companies considering going private, following the receipt of a letter from its Chairman, President and Chief Executive Officer, Dr. Shawn (Xiaohua) Qu.
December 5th, 2017 | by Joshua S Hill
Italy-based Falck Renewables has this week closed a deal to acquire a 99% stake in a 92 megawatt solar PV project in North Carolina from Canadian Solar subsidiary Recurrent Energy for $43 million.
November 28th, 2017 | by Joshua S Hill
Solar power company Canadian Solar announced this week that it won 367 MW worth of solar power projects in Mexico's third Long-term Auction for renewables which was held earlier in the month, while the Enel Group was awarded an impressive 593 MW worth of wind projects, including a record low $17.7/MWh award.
November 10th, 2017 | by Joshua S Hill
One of the world's largest solar manufacturers, Canadian Solar, published its third quarter financial results reporting solar shipments and net revenue well above the company's own guidance, but net income was well down on estimates causing the company's shares to drop 12%.
August 16th, 2017 | by Joshua S Hill
Canadian Solar, one of the world's largest solar power companies, this week posted strong second quarter results with increased revenue and shipments, but traders were immediately, if temporarily, concerned by Q3 revenue guidance below analyst expectations.
August 8th, 2017 | by Joshua S Hill
The 191.5 MW Pirapora I solar project being developed by Canadian Solar and EDF Energies Nouvelles has received $163 million in financing from the Brazilian Development Bank, the first time ever that it has provided financing to a solar generation project.
June 7th, 2017 | by Joshua S Hill
Ontario-based Canadian Solar published its first quarter earnings this week, beating its own guidance in terms of shipments and net revenue, and holding up well against previous quarters and expected losses in a declining solar prices market.